Are you disappointed with the Fortitude Budget because you thought that Ah Gong is going to give you more money to buy bubble tea instead of spending money on things that matter most, like helping businesses to stay afloat?
If so, fret not; because after getting that sweet $600 in your bank account in April, there’s another amount that you might have forgotten.
If You’ve Forgotten, S’poreans Are Getting Second Payout of $300 – $600 in Mid-June
Before Fortitude, there was Solidarity.
The Solidarity Budget was announced one day before we all live like North Koreans, and it’s to “Singaporean households with direct cash in hand, to support Singaporeans and families through this challenging period of fighting COVID-19.”
To put it simply, it’s all part of the Care and Support cash for Singaporeans.
During the Solidarity Budget speech, it was announced that the Care and Support package would be enhanced.
But you’re only interested in the money instead of the names, so here’s a brief idea of what you’ve forgotten explained in Goody Feed style:
The $600 you’ve received in April is for all Singaporeans aged 21 and above in 2020—regardless of whether you’re homeless or you live in a home with a private swimming pool.
But technically speaking, the total amount of direct cash that Ah Gong is giving to individuals isn’t just $600: it’s between $600 to $1,500, depending on your income and whether you’re a parent or not.
You’d know about this if you’ve downloaded our app and come in daily.
So, the next payout you’d receive is in June.
To put it simply, here’s how much you can expect:
If you earn less than $28,000 a year, you’d get $600.
If you earn between $28,001 to $100,000 a year, you’d get $300.
If you earn above $100,000, or own more than one property, you’d get a whopping $0.
So most of us would get between $300 to $600.
But there’s more: if you’re a parent with at least one Singaporean child aged 20 and below in 2020, you’d also get an additional $300. And it’s for each parent, so the father will get $300 and the mother will also get $300—provided both are Singaporeans lah.
In other words, if you earn less than $28,000 a year and has a child, you’d get $900 in June.
If you have ten properties and are fighting with your tenants to pocket the property rebates Ah Gong has given you, you’d still get $300 if you have a child, though I worry about your child’s wellbeing given how evil you are.
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The exact date of payout isn’t revealed yet, but it’ll be in mid-June, and just like the previous Solidarity payout, they’ll be deposited direct to your bank account if you’ve received money from Ah Gong before.
Additional Cash for Seniors
Previously, it was announced that seniors will also be getting a $100 PAssion Card top-up in June.
However, that has now been changed to cash instead.
So if you’re 50 and above in 2020, you’d also get an additional $100 cash even if you own 200 properties or your annual income is over $6 million.
Now that you know—or I should say, remember—about this, it’s time to plan when to order your bubble tea.
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